RNS Number:9032H
Metage Special Emerging Markets Fnd
24 February 2003

The Metage Special Emerging Markets Fund Limited announces that at the close of
business on the 21st of February, 2003:

The Undiluted estimated NAV per ordinary share was USD 27.66

The Fully Diluted estimated NAV per ordinary share was USD 25.62

The next NAV will be for close of business 28th February 2003


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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